Your personal credit is a factor in your small business credit profile if your business has a short financial history. Financial lenders will normally request both owner personal and business credit reports as part of any loan evaluation process if less than two years in operation. Why? Your personal credit history is considered a strong indicator of how your small business will honor and repay its future debts. It is in your best interest as the business owner to improve your personal credit to enable your business to leverage the various advantages of a strong financial profile.
If you need to improve your personal credit, you need to come to terms with the fact that there is no such thing as a quick credit report fix. How long it will take to fix your personal credit will depend upon why your credit score is low in the first place. For example, it will take longer to rebuild if it is related to a loan default or personal bankruptcy versus having been late on a series of credit card payments.
Fast Credit Repair
Nexus Financial Services has selected Credit Rx America as its partner to provide our clients fast credit repair services. Unlike other credit repair companies, Credit Rx America specializes solely in fast credit repair, quickly removing negative items including collections, late payments, and public records from your credit report. Benefits to our clients include:
Zero Monthly Fees
Zero Startup Fees
Zero Audit Fees
Zero Hidden Fees
Zero Upfront Fees
You are only charged when and only when your item is removed.
100% Guaranteed Results
For more information, please visit: CreditRxAmerica.com